5 Key Metrics From Cisco Systems' Earnings Report
Shares of Cisco Systems (NASDAQ: CSCO) carved out a new 52-week high last week after the networking hardware company reported its fiscal first-quarter results. Cisco beat expectations slightly for both revenue and earnings, but the real story was its guidance. For the first time in two years, Cisco expects to produce revenue growth during its second quarter.
Cisco's efforts to transition to a recurring revenue model and to grow smaller businesses like security are helping to offset declines in the core hardware business. Beyond the headline numbers, here are five key metrics that provide a more complete picture of Cisco's results.
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Source: Fool.com
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